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2/26/2013 - More boomers buying ‘longevity’ annuities (The Wall Street Journal)

by on February 28, 2013 9:27 pm
Economists and policymakers in recent years have begun encouraging pension-deprived Baby Boomers to consider relatively new products known as longevity insurance or “deferred income” annuities, designed to restore some financial security to what are supposed to be their golden years. News today from New York Life Insurance Co. confirms that the products are starting to catch… Read more 2/26/2013 - More boomers buying ‘longevity’ annuities (The Wall Street Journal)

2/28/2013 - For the Elderly, Medical Procedures to Avoid

by on February 28, 2013 9:03 pm
The Choosing Wisely campaign, an initiative by the American Board of Internal Medicine Foundation in partnership with Consumer Reports, kicked off last spring. It is an attempt to alert both doctors and patients to problematic and commonly overused medical tests, procedures and treatments. Among the 18 new lists released last week are recommendations from geriatricians… Read more 2/28/2013 - For the Elderly, Medical Procedures to Avoid

2/26/2013 - Immigration brings new senior citizens

by on February 26, 2013 8:50 pm
In Washington, President Obama and Congress are working toward immigration reform that will likely grow the ranks of older immigrants. Read the full article at USA Today.

2/25/2013 - Health effects of retirement have proved hard for researchers to assess

by on February 26, 2013 7:15 pm
When people stop working, everything about their weekday schedule changes. Their lives may move more slowly and be more relaxed. Losing work-related stress may come as a huge relief — and be good for your health. But losing your everyday movement and social interaction can also harm your health. So what is likely to happen… Read more 2/25/2013 - Health effects of retirement have proved hard for researchers to assess
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2/25/2013 - Boomer divorce: A costly retirement roadblock

by on February 26, 2013 7:08 pm
Baby Boomers are divorcing at a surprising rate, and that will have huge implications for their lives in retirement. Read the full article at USA Today.
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2/25/2013 - With Retirement Savings, How Do You Compare To Others Your Age?

by on February 25, 2013 8:39 pm
Are you saving enough for those Golden Years? If you believe most studies, the simple answer is probably no. Read the full article at Forbes.
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2/25/13 - Capping Top Earners' 401(k) Benefits Seen as Cost Cutter (Bloomberg)

by on February 25, 2013 6:08 pm
Pressure is growing to change incentives for retirement savings as U.S. lawmakers look for revenue, and top earners may pay the price. The budget challenges confronting the federal government are leading to scrutiny of tax-advantaged savings accounts such as 401(k)s because they’re among the costliest tax breaks. A Brookings Institution report scheduled for release tomorrow… Read more 2/25/13 - Capping Top Earners' 401(k) Benefits Seen as Cost Cutter (Bloomberg)
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2/24/13 - Monthly retirement assays gain ground (Pittsburgh Post-Gazette)

by on February 25, 2013 6:06 pm
To help workers get a better idea of whether they are saving enough for retirement, more employers are going beyond the one number that workers with 401(k) plans focus on: how much money is in their account at the end of the latest quarter. A growing number of employers are using the account balance to… Read more 2/24/13 - Monthly retirement assays gain ground (Pittsburgh Post-Gazette)
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2/22/13 - Social Media a Financial Education Source for Many (Plansponsor)

by on February 25, 2013 6:05 pm
One-quarter (26%) of U.S. adults use social media for personal finance and investing purposes, according to Cogent research. This rises to 34% for affluent investors. While most investors continue to rely on a variety of resources for investment information, nearly 70% have reallocated investments, or began or altered relationships with investment providers, based on content… Read more 2/22/13 - Social Media a Financial Education Source for Many (Plansponsor)

2/23/2013 - At Work: Dementia affects companies

by on February 23, 2013 8:22 pm
The subject: dementia, Alzheimer’s disease and how they’re taking their toll on the productivity of the American workforce. Read the full article at USA Today.